United States Wind Turbine Market Set to Soar: Innovative Technologies and Rising Renewable Energy Demand Drive 2025 | Major key players - Enercon GmbH, Ming Yang, Suzlon Energy Ltd.

Market Overview:

The Global Wind Turbine Market is expected to grow at a CAGR of 6% during the forecasting period (2024-2031). The Market is growing due to the rising demand for renewable energy and supportive government policies promoting sustainable power generation.

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The Wind Turbine Market involves the manufacturing, installation, and maintenance of turbines that convert wind energy into electricity. It encompasses onshore and offshore turbines, components like blades, towers, and generators, and services including operation and maintenance. Driven by renewable energy adoption, government incentives, and climate goals, the market plays a pivotal role in sustainable power generation globally.

Industry Recent Developments:

United States:

✅ August 2025: The U.S. Commerce Department opened a national security investigation into the import of wind turbines and components, which could impact the supply chain and raise project costs by up to one-third, creating uncertainties for late-decade projects.

✅ August 2025: The Revolution Wind offshore project received a stop-work order from U.S. authorities, signaling regulatory and permitting challenges in offshore wind development.

✅ October 2025: After a sluggish spring, the US wind power sector is projected to rebound strongly in Q4 2025, with full-year installations expected to reach 7.7 GW, driven by onshore projects pushing to complete before federal tax credits expire.

Japan:

✅ August 2025: Japan's Ministry of Industry and Land proposed extending offshore wind farm leases by 10 years (from 30 to 40 years) to help developers manage soaring construction costs and complete projects.

✅ September 2025: Offshore wind project developers in Japan advocated for inclusion in a government scheme that would guarantee fixed revenues for up to 20 years. This appeal follows major developer exits due to increased costs.

✅ October 2025: Japan and Taiwan wind energy associations partnered to advance offshore wind development in Asia, enhancing regional cooperation and market expansion.

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Major Key Players:

Siemens Gamesa Renewable Energy
Vestas Wind Systems A/S
General Electric Wind Energy
Goldwind
Suzlon Energy Ltd.
Enercon GmbH
Ming Yang
Guodian United Power Technology Company Ltd.
Sinovel
Nordex Acciona.

Key Growth Drivers:

Increasing demand for clean and renewable energy driven by global decarbonization efforts and corporate sustainability commitments.

Government incentives, subsidies, and supportive policies such as tax credits, feed-in tariffs, and renewable energy targets that encourage investment in wind energy projects.

Technological advancements including improvements in turbine design, larger and more efficient turbines, innovative materials, and integration with smart grid technologies that enhance performance and reduce costs.

Segments Covered in the Wind Turbine Market:

By Location: Onshore Wind Turbine, Offshore Wind Turbine.

By Type: Horizontal Axis Wind Turbine (HAWT), Vertical Axis Wind Turbine (VAWT).

By Power Rating: Less than 100KW, 100KW to 250 KW, 250KW to 500KW, 500KW to 1000KW, 1000KW TO 2000KW, More Than 2000KW.

By Connectivity: Grid Connected, Standalone.

By Application: Residential, Commercial, Industrial, Utility.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Wind Turbine market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Wind Turbine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Wind Turbine market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Wind Turbine Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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